Noble Wealth Management PBC Makes New $459,000 Investment in BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE)

Noble Wealth Management PBC purchased a new stake in shares of BlackRock MuniHoldings Quality Fund II, Inc. (NYSE:MUE) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 45,940 shares of the investment management company’s stock, valued at approximately $459,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. HighTower Advisors LLC raised its stake in shares of BlackRock MuniHoldings Quality Fund II by 18.4% during the third quarter. HighTower Advisors LLC now owns 16,991 shares of the investment management company’s stock valued at $176,000 after acquiring an additional 2,644 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in shares of BlackRock MuniHoldings Quality Fund II by 80.5% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 27,820 shares of the investment management company’s stock valued at $278,000 after acquiring an additional 12,409 shares in the last quarter. Rivernorth Capital Management LLC raised its stake in shares of BlackRock MuniHoldings Quality Fund II by 1.4% during the third quarter. Rivernorth Capital Management LLC now owns 2,245,080 shares of the investment management company’s stock valued at $24,000,000 after acquiring an additional 30,224 shares in the last quarter. Avior Wealth Management LLC raised its stake in shares of BlackRock MuniHoldings Quality Fund II by 32.1% during the third quarter. Avior Wealth Management LLC now owns 7,750 shares of the investment management company’s stock valued at $83,000 after acquiring an additional 1,882 shares in the last quarter. Finally, Riverbridge Partners LLC bought a new stake in shares of BlackRock MuniHoldings Quality Fund II during the fourth quarter valued at approximately $407,000.

BlackRock MuniHoldings Quality Fund II Stock Up 0.7 %

BlackRock MuniHoldings Quality Fund II stock opened at $10.45 on Friday. The company has a 50 day moving average price of $10.22 and a 200-day moving average price of $10.44. BlackRock MuniHoldings Quality Fund II, Inc. has a fifty-two week low of $9.65 and a fifty-two week high of $10.95.

BlackRock MuniHoldings Quality Fund II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be issued a dividend of $0.051 per share. This represents a $0.61 annualized dividend and a yield of 5.86%. The ex-dividend date of this dividend is Friday, February 14th.

BlackRock MuniHoldings Quality Fund II Profile

BlackRock MuniHoldings Quality Fund II, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets of the United States. It primarily invests in long-term, investment grade municipal obligations exempt from federal income taxes.